Magazine Archive 04 – 2025

Spain is one of the most attractive global markets for solar and wind power purchase agreements (PPAs). While 2024 was no exception, the market is now slowing as buyers and sellers await solutions to grid congestion at peak generation hours.

Germany saw an unexpected level of negative price hours in 2024 and the market is still adjusting. The risk of low or negative electricity prices is increasingly shaping power purchase agreement (PPA) terms, even as it remains the key pricing factor. At present, long-term PPAs offer only slightly higher prices than those in the tender segment.

Corporate power purchase agreements (cPPAs) are a useful tool for project developers seeking finance to build projects. As the UK solar market expands, however, some well-established businesses are ready to embrace a little risk as they consider a future as independent power producers (IPPs).

Growing corporate interest in hourly matching power purchase agreements (PPAs) is expected to drive the pairing of PV, wind, and battery energy storage systems (BESS), with potential broader impacts on the energy procurement market, as Neil Ford reports.

For the past five consecutive years, US tech and retail giant Amazon has been the world’s largest procurer of renewable energy, investing in projects and signing power purchase agreements (PPAs) all over the world. pv magazine spoke with representatives of the company about its ambitious energy plans.

Electricity market liberalization, plus growing demand from corporate energy offtakers has kicked Japan’s power purchase agreement (PPA) market into gear, as Brian Publicover reports.

India’s cumulative installed, open-access (offsite) solar generation capacity reached 20.2 GW at the end of 2024. The market is set for significant expansion, driven by corporates’ sustainability goals and favorable economic and policy factors.

Brazil’s solar market is diversifying, following a record year for installations. Free-market opportunities are opening up for solar and a new grid capacity auction could support further energy storage deployment. Challenges remain, however, as Livia Neves reports.

Amid a record amount of new solar capacity added in China in 2024, the share held by small-scale, “distributed” arrays fell to 38%, from 58% in 2022. Grid constraints, policy changes, and pricing adjustments have impacted home and business solar arrays, as Vincent Shaw reports, from Shanghai.

Live events can have a dark side to the good times, particularly when it comes to environmental impact such as carbon emissions or waste. It doesn’t have to be that way, though, with a new generation of batteries bolstering power supplies and increasingly flicking the switch on diesel gensets.